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SPEAR REIT LIMITED - Private Placement By Spear

Release Date: 12/06/2019 14:06
Code(s): SEA     PDF:  
 
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Private Placement By Spear

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
Approved as a REIT by the JSE
(“Spear” or “the Company”)

PRIVATE PLACEMENT BY SPEAR

Spear is pleased to announce that it has successfully completed a private placement and has
received commitments to subscribe for R164.7 million of new equity.

In terms of the private placement, a total of 16,814,997 new shares will be issued at a price of
R9.80 per share.

Subject to the approval of the JSE, the listing and issue of the new Spear shares will
commence at 09:00 on Friday, 21 June 2019.

PSG Capital acted as the sole bookrunner in the capital raise.

Cape Town
12 June 2019

Sponsor and Bookrunner
PSG Capital

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